Tech companies are the new investment banks

(Courtesy of  Jacksonville Business Journal)   A few years ago, while trawling for information about financial risk and where it might be held, I had a fascinating conversation with an economist at the U.S. Treasury’s Office of Financial Research. She told me to look at the debt offerings and corporate bond purchases being made by … Continue reading Tech companies are the new investment banks

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How banks can vary a branch’s appeal to nearby customers

(Courtesy of Jacksonville Business News) Over the past few weeks I have been exposed to countless articles about how technology is transforming the financial services sector. From blockchain to machine learning and artificial intelligence, it’s easy to get swept away in the excitement of these innovations. Businesses can get distracted by buzzwords and overlook disruptions they … Continue reading How banks can vary a branch’s appeal to nearby customers

Citi to raise pay for women and minorities in U.S., UK, Germany

(Courtesy of Reuters) (Reuters) - Citigroup Inc (C.N) will increase compensation for women and minorities to bridge pay gaps in the United States, the United Kingdom and Germany, as part of its annual pay process this year, the Wall Street bank said on Monday. FILE PHOTO: The Citibank building is seen in the financial district … Continue reading Citi to raise pay for women and minorities in U.S., UK, Germany

PNC explains vision behind new port cities region 

(Courtesy of Jacksonville Business News) Enlarge Brian Bucher will become regional president of PNC's Port Cities region, which will be headquartered in Jacksonville, in January.  Brian Bucher, a 32-year employee of PNC Bank, started 2018 in a new role: regional president of the port cities region. Bucher is the first to lead the new region, … Continue reading PNC explains vision behind new port cities region 

PNC Bank creates market region for port cities

(Courtesy of Jacksonville Business News)   Brian Bucher will become regional president of PNC's Port Cities region, which will be headquartered in Jacksonville, in January.  PNC Bank has created a Port Cities market region that includes Jacksonville, Charleston and Savannah. The region will be headquartered in Jacksonville and overseen by regional president Brian Bucher, effective … Continue reading PNC Bank creates market region for port cities